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GPF Interest Rate Table from Oct 2019 – 7.9%

October 29, 2019 Leave a Comment

GPF Interest Rate 7.9% – Effect from October to December 2019-20

Central Government Employees News Latest Update

As per the Economic Affairs resolution issued on 21.10.2019, the General Provident Fund interest rate for the period from 1st October 2019 to 31st December 2019 will be 7.9%.

General Provident Fund (GPF) is a more beneficial saving scheme for Central Government employees. Whenever need money for children’s education or hospital expenses, the accumulated fund will help in critical economic situations. Avail partial or full withdrawal amount indicated depends on the GPF annual statement slip.

The rate of interest for Public Provident Fund (PPF) from 1.10.2019 to 31.12.2019 is 7.90 percent.

PPF Interest 7.9% continues…

The interest rates of Small Savings Schemes, particularly after April 2016, are being notified by the Govt on a quarterly basis. 

GPF Interest and Online Annual Statement for Central Government Employees

Annual Interest Rate Chart for Savings Scheme
Scheme Name (FY 2019-2020) 1st Quarter (Apr to Jun) 2nd Quarter (Jul to Sep) 3rd Quarter (Oct to Dec)
Public Provident Fund Scheme 8.0 7.9 7.9
Sukanya Samriddhi Account Scheme 8.5 8.4 8.4
5 Year National Savings Certificate 8.0 7.9 7.9
Related posts:
  1. GPF Rate of Interest 8% w.e.f. 1st Octo to 31st Decem 2018
  2. Interest Rate for Provident Fund (PF) 8.55% – 2017-18 | Lok Sabha
  3. Provident Fund – General Provident Fund (Tamil Nadu) – Rate of interest 7.8% for the financial year 2017-2018 – Orders
  4. GPF Resolution January 2019
  5. Provident Fund – Rate of Interest During the year 2017-18
  6. Rates of Interest: Small Savings Schemes 2019
  7. Interest at the Rate of GPF 7.6% w.e.f 1st July to 30th Sept 2018
  8. Rate of Interest in GPF (Seven Point Six Percent) w.e.f. 1st April 2018
  9. EPF 2018-19: Rate of Interest 8.65 %
  10. General Provident Fund (GPF) Interest at the Rate of 7.8% effect from 1st Octo 2017 to 31st Dece 2017

Filed Under: CG Employees News, GPF Interest Tagged With: GPF, Interest on GPF




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